The KOSPI, which had started weak amid foreign selling, recovered above the 5,100 mark on inflows of bargain hunting from retail and institutional investors.
As of 10:03 a.m. on Monday, the KOSPI stood at 5,113.31, up 53.62 points (1.06%) from the previous session. The index opened at 5,034.20, down 25.49 points (0.50%), and at one point fell to 4,990.66 during trading, dropping below the 5,000 level. It subsequently regained the 5,000 range before climbing to the 5,100 line.
In the KOSPI market, based on Korea Exchange (KRX) data, retail investors were net buyers of 52.2 billion won, while institutional investors were net buyers of 305.5 billion won. Foreign investors were net sellers of 427.4 billion won. Among institutional investors, financial investment firms, which reflect trading in exchange-traded funds (ETFs), recorded net purchases of 366.9 billion won.
By sector, medical and precision equipment rose by over 3%, while electrical and electronic products gained more than 2%. Pharmaceuticals, paper and wood, manufacturing, and IT services were up by over 1%. Chemicals, metals, textiles and apparel, transportation and warehousing, transportation equipment and parts, and securities fell by over 1%, while food and tobacco declined by over 2%.
Among top market capitalization stocks, SK hynix rose by over 3% and Samsung Electronics gained more than 2% on bargain hunting from retail and institutional investors. Samsung Biologics Logistics, SK Square, Celltrion, and Samsung Life Insurance were up by 1%. Samsung Electro-Mechanics and LG Energy Solution fell by over 1%, Kia Motors dropped by over 2%, and Samsung SDI declined by over 5%.
At the same time, the KOSDAQ stood at 644.52, up 0.25 points (0.04%) from the previous session. The KOSDAQ also opened lower on the day at 638.82, down 5.45 points (0.85%), but reversed into positive territory on net buying of 71.8 billion won by retail investors and 8.9 billion won by institutional investors. At the same time, foreign investors were net sellers of 84.3 billion won.
By sector, non-metals rose by over 2%, while entertainment and culture, construction, IT services, and other manufacturing gained more than 1%. Chemicals, pharmaceuticals, publishing and media reproduction, and finance fell by over 1%, while general services dropped by over 6%.
Among top market capitalization stocks, Jusung Engineering rose by over 7%, Simtech gained more than 5%, IOTECH increased by over 4%, HPSP climbed by over 2%, and PSK Holdings was up by over 1%. HLB fell by over 2%, Ecopro BM dropped by over 3%, Ecopro and Rainbow Robotics declined by over 4%, Robotis fell by over 6%, and Alteogen plunged by over 18%.
in STOCK
